Blockchains are special in that, after a transaction has long been recorded and confirmed, it could?�t be transformed. The ledger only allows for just one-way information modification.
For instance, if you buy a copyright, the blockchain for that electronic asset will forever show you because the proprietor Until you initiate a sell transaction. No one can go back and change that evidence of possession.
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A blockchain is a distributed community ledger ??or on line digital database ??that contains a report of all the transactions on the platform.
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All transactions are recorded online in a very digital database called a blockchain that takes advantage of impressive 1-way encryption to be certain security and proof of ownership.
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